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Infinite Karma posted:or are better at negotiating a higher salary for the same work at hiring time. How is this necessarily discrimination then?
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Apr 15, 2014 18:54
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Infinite Karma posted:Because your skill at reading someone's poker face and knowing when you've made the best possible deal, based on hidden information, shouldn't be a requirement for getting good pay? I think wage negotiations are more than just reading a poker face and actually include things like trying to justify to your employer why you deserve more income.
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Apr 15, 2014 19:05
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Infinite Karma posted:It's been my experience that this is more gamesmanship than fact-based justification. You can't know if you deserve more income unless you know what income similar people are paid for similar work. But now you're making the argument that you deserve the same income as other workers when its the employer's decision on how much you should be paid.
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Apr 15, 2014 19:17
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McDowell posted:Who decides how much executives should get paid? Typically the shareholders.
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Apr 15, 2014 19:21
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FADEtoBLACK posted:The employer isn't deciding how much you should be paid, they are deciding how little they can get away with paying you. Those are all quantifiable benefits in terms of dollars that ultimately sum up to the cost/price an employer is willing/wants to pay for the employees labor.
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Apr 15, 2014 19:32
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McDowell posted:Not all companies are publicly traded, and most shareholders are not particularly active in how the business is run because stocks are primarily investment vehicles used by different firms and funds. Salaries eat into retained earnings.
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Apr 15, 2014 19:32
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McDowell posted:So it is in the interest of executives to make salaries as low as possible for the rest of the company and then get rewarded for their cost-cutting and hard work. It's also in the interest of your voting members but they probably value the CEO more highly than an accountant in terms of driving the company.
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Apr 15, 2014 19:40
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Infinite Karma posted:Can you explain why this matters in the context of this thread? Is there a rational basis for salaries to be secret, or is your argument just restating that right now they are secret, and that executives and shareholders like it that way? It's an example of wage negotiation between the employer and employee (be it a worker for the business or the CEO answering to the shareholders).
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Apr 15, 2014 20:22
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You could also create a downward effect on salaries unintentionally by showing you could hire someone else for cheaper.
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Apr 15, 2014 22:29
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